news article
Tax workshops geared for clergy
January 5, 2024 / By UNY Communications / .(JavaScript must be enabled to view this email address)
A new year means it’s time to start preparing for the upcoming tax season. Did you know clergy are treated differently under the tax code than virtually anybody else in the country?
Filing your taxes can be overwhelming. Let the Rev. Susan Ranous help guide you through the process. Rev. Ranous is an ordained deacon and Certified Public Accountant. She is hosting a two-hour workshop in the afternoon on Jan. 29. During the workshop she will discuss:
- Advantages and disadvantages clergy have.
- If clergy are considered employees or self-employed? (Hint: the answer isn’t obvious or easy!)
- Clergy compensation and expenses.
This workshop will help you gain a better understanding of the current tax laws that affect clergy today.
Other topics include:
- Defining the dual-status tax classification of clergy;
- Defining a clergy person and their financial reporting responsibilities;
- Responsibilities of The Church;
- Describing the Housing Allowance and exclusion;
- Discussing exemptions and deductions;
- How to complete your tax filing forms.
At the culmination of the workshop, you’ll have a better understanding of the unique issues faced by a United Methodist clergy person. Click here to register. The Zoom link will be sent to registrants prior to Jan. 29. Questions can be sent to Rev. Ranous at susanranous@unyumc.org.